| Morningstar Fund Report | 11/04/2025 |  |
Allianz Global Investors Fund - Allianz Dynamic Asian High Yield Bond W USD |
| Performance History | 31/03/2025 |
| Growth of 1,000 (GBP) | Advanced Graph |
 | Fund | -18.0 | -13.7 | -4.8 | 16.2 | -0.4 |
| +/-Cat | -4.1 | -5.2 | 4.0 | 5.1 | 1.9 |
| +/-B’mrk | -7.8 | -9.3 | -3.6 | -1.0 | -0.3 |
| Category: Asia High Yield Bond | ||||||
| Category Benchmark: JPM ACI Non Investment Grad... | ||||||
| Key Stats | ||
| NAV 10/04/2025 | USD 438.78 | |
| Day Change | 1.47% | |
| Morningstar Category™ | Asia High Yield Bond | |
| ISIN | LU1089087933 | |
| Fund Size (Mil) 09/04/2025 | USD 536.38 | |
| Share Class Size (Mil) 09/04/2025 | USD 21.15 | |
| Max Initial Charge | - | |
| Ongoing Charge 10/12/2024 | 0.59% | |
| Morningstar Research |
| Analyst Report | 28/02/2025 Morningstar Manager Research, Morningstar, Inc |
Allianz Dynamic Asian High Yield Bond is helmed by an experienced portfolio manager, but concerns around his investment discipline, along with an under-resourced analyst team has prompted a downgrade of the People Pillar rating to Below Average... | |
| Click here to read this analyst report on the underlying fund. | |
| Morningstar Pillars | |
|---|---|
| People | 22 |
| Parent | 23 |
| Process | 23 |
| Performance | |
| Price | |
| Investment Objective: Allianz Global Investors Fund - Allianz Dynamic Asian High Yield Bond W USD |
| Long-term capital growth and income by investing in high yield rated Debt Securities of Asian bond markets. |
| Returns | ||||||||||||||||
|
| Management | ||
Manager Name Start Date | ||
Mark Tay 03/10/2014 | ||
Jenny Zeng 29/09/2023 | ||
Inception Date 03/10/2014 | ||
| Category Benchmark | |
| Fund Benchmark | Morningstar Benchmark |
| JPM ACI Non Investment Grade TR USD | JPM ACI Non Investment Grade TR USD |
| Portfolio Profile for Allianz Global Investors Fund - Allianz Dynamic Asian High Yield Bond W USD | 28/02/2025 |
| ||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Growth Of 1000 (GBP) | 31/03/2025 |
|
| Annual Returns (GBP) | 31/03/2025 | |||||||
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 31/03 | |
| Price Return | -0.73 | 3.29 | -0.41 | -17.98 | -13.72 | -4.78 | 16.22 | -0.38 |
| +/- Category | -1.85 | -2.71 | -1.74 | -4.12 | -5.21 | 3.95 | 5.09 | 1.88 |
| +/- Category Index | -3.55 | -5.12 | -2.11 | -7.76 | -9.32 | -3.63 | -1.02 | -0.31 |
| % Rank in Category | 75 | 83 | 65 | 76 | 78 | 37 | 29 | 36 |
| Trailing Returns (GBP) | 10/04/2025 | ||
| Total Returns | +/- Category | +/- Category Index | |
| 1 Day | 1.47 | 2.64 | 1.74 |
| 1 Week | -1.52 | 1.79 | 0.00 |
| 1 Month | -4.48 | -0.34 | -0.10 |
| 3 Months | -7.13 | -1.19 | -0.58 |
| 6 Months | 0.13 | 0.26 | 0.29 |
| YTD | -4.72 | -0.51 | -0.61 |
| 1 Year | 3.06 | -0.70 | -0.45 |
| 3 Years Annualised | -0.43 | -1.41 | -4.50 |
| 5 Years Annualised | -3.84 | -1.64 | -4.25 |
| 10 Years Annualised | 0.62 | -0.82 | -2.94 |
| Category: Asia High Yield Bond | |||
| Category Index: JPM ACI Non Investment Grade TR USD | |||
| Quarterly Returns (GBP) | 31/03/2025 | |||
| Quarter 1 | Quarter 2 | Quarter 3 | Quarter 4 | |
| 2025 | -0.38 | - | - | - |
| 2024 | 6.83 | 2.82 | -2.23 | 8.23 |
| 2023 | -2.06 | -5.87 | 0.92 | 2.34 |
| 2022 | -9.34 | -6.45 | -2.21 | 4.04 |
| 2021 | -2.27 | 0.69 | -5.09 | -12.18 |
| 2020 | -9.82 | 13.35 | -2.06 | -0.52 |
| Morningstar Rating™(Relative to Category) | 31/03/2025 | ||||||||||||||||||||
| |||||||||||||||||||||
| Category : Asia High Yield Bond | Click here to see our Methodology | ||||||||||||||||||||
| Volatility Measurements | 31/03/2025 | ||||||||||
| |||||||||||
| Modern Portfolio Statistics | 31/03/2025 | 31/03/2025 |
| Standard Index | Best Fit Index | |
| JPM ACI Non Investment Grade TR USD | JPM ACI Non Investment Grade TR USD | |
| 3-Yr Beta | 1.12 | 1.12 |
| 3-Yr Alpha | -4.36 | -4.36 |
| Fixed Income Style | 28/02/2025 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||
| Asset Allocation | 28/02/2025 |
| ||||||||||||||||||||||||||
| Top 10 Holdings | 28/02/2025 |
| Portfolio NEW | |
| Total Number of Equity Holdings | 0 |
| Total Number of Bond Holdings | 124 |
| Assets in Top 10 Holdings | 18.57 |
| Name | Sector | Country | % of Assets | ||
 Wynn Macau Ltd. 5.625% |  | Macau | 2.29 | ||
| Pakistan (Islamic Republic of) 7.375% | | Pakistan | 2.12 | ||
| Sri Lanka (Democratic Socialist Repub...
| | Sri Lanka | 1.99 | ||
| Melco Resorts Finance Limited 5.375% | | Macau | 1.94 | ||
| Standard Chartered PLC 7.875% | | United Kingdom | 1.90 | ||
| Standard Chartered PLC 7.75% | | United Kingdom | 1.84 | ||
| GLP Pte Ltd. 3.875% | | Singapore | 1.65 | ||
| Studio City Finance Limited 5% | | Macau | 1.63 | ||
| Bank Negara Indonesia (Persero) Tbk P...
| | Indonesia | 1.62 | ||
| Ca Magnum Holdings 5.375% | | India | 1.58 | ||
Increase  Decrease  New since last portfolio | |||||
| Category: Asia High Yield Bond | |||||
| Management | ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||
| |
| Biography | |
| Jenny Zeng is Co-Head of Asia Pacific Fixed Income and a portfolio manager. She manages Asian Income Opportunity, RMB Income Plus and other Asian strategies. Zeng is also a member of the Emerging-Market Debt Portfolio Management team. Prior to her current role, she was the head of credit research in Asia, specializing in Asian high-yield credits. Before joining the firm in 2013, Zeng was at Citigroup for seven years, most recently serving as a vice president and credit-sector specialist covering Asian corporate credit. During her years with Citigroup, she was ranked as one of the top three research analysts for overall credit research in the Asiamoney Fixed Income Poll. Zeng is a CFA charterholder. Location: Hong Kong |
| Fees and Expenses | ||||||||||||
| ||||||||||||
| Purchase Details | ||||||||
| ||||||||
| ||||||||